ENXTPA:MMT

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Métropole Télévision

Executive Summary

Métropole Télévision S.A. provides a range of programs, products, and services on various media. More Details


Snowflake Analysis

Flawless balance sheet with solid track record.


Similar Companies

Share Price & News

How has Métropole Télévision's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: MMT is not significantly more volatile than the rest of French stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: MMT's weekly volatility (6%) has been stable over the past year.


Market Performance


7 Day Return

3.3%

MMT

3.7%

FR Media

0.3%

FR Market


1 Year Return

-15.6%

MMT

-11.1%

FR Media

-0.4%

FR Market

Return vs Industry: MMT underperformed the French Media industry which returned -11.3% over the past year.

Return vs Market: MMT underperformed the French Market which returned -0.3% over the past year.


Shareholder returns

MMTIndustryMarket
7 Day3.3%3.7%0.3%
30 Day32.4%22.9%12.7%
90 Day22.4%22.4%13.5%
1 Year-15.6%-15.6%-8.7%-11.1%1.3%-0.4%
3 Year-33.1%-39.9%-26.8%-34.3%17.9%8.2%
5 Year-0.09%-18.1%-22.7%-35.2%56.8%35.5%

Long-Term Price Volatility Vs. Market

How volatile is Métropole Télévision's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Métropole Télévision undervalued compared to its fair value and its price relative to the market?

39.1%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: MMT (€13.24) is trading below our estimate of fair value (€21.75)

Significantly Below Fair Value: MMT is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: MMT is good value based on its PE Ratio (6.7x) compared to the FR Media industry average (12.5x).

PE vs Market: MMT is good value based on its PE Ratio (6.7x) compared to the French market (21.5x).


Price to Earnings Growth Ratio

PEG Ratio: MMT's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: MMT is overvalued based on its PB Ratio (1.8x) compared to the FR Media industry average (1.3x).


Next Steps

Future Growth

How is Métropole Télévision forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?

-3.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: MMT's earnings are forecast to decline over the next 3 years (-3.8% per year).

Earnings vs Market: MMT's earnings are forecast to decline over the next 3 years (-3.8% per year).

High Growth Earnings: MMT's earnings are forecast to decline over the next 3 years.

Revenue vs Market: MMT's revenue (2.6% per year) is forecast to grow slower than the French market (7.3% per year).

High Growth Revenue: MMT's revenue (2.6% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: MMT's Return on Equity is forecast to be low in 3 years time (15.2%).


Next Steps

Past Performance

How has Métropole Télévision performed over the past 5 years?

11.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: MMT has a large one-off gain of €109.5M impacting its June 30 2020 financial results.

Growing Profit Margin: MMT's current net profit margins (19.1%) are higher than last year (12%).


Past Earnings Growth Analysis

Earnings Trend: MMT's earnings have grown by 11.6% per year over the past 5 years.

Accelerating Growth: MMT's earnings growth over the past year (44.2%) exceeds its 5-year average (11.6% per year).

Earnings vs Industry: MMT earnings growth over the past year (44.2%) exceeded the Media industry -21.5%.


Return on Equity

High ROE: MMT's Return on Equity (26.3%) is considered high.


Next Steps

Financial Health

How is Métropole Télévision's financial position?


Financial Position Analysis

Short Term Liabilities: MMT's short term assets (€1.1B) exceed its short term liabilities (€741.8M).

Long Term Liabilities: MMT's short term assets (€1.1B) exceed its long term liabilities (€232.8M).


Debt to Equity History and Analysis

Debt Level: MMT's debt to equity ratio (32.6%) is considered satisfactory.

Reducing Debt: MMT had negative shareholder equity 5 years ago, but is now positive and has therefore improved.

Debt Coverage: MMT's debt is well covered by operating cash flow (88.8%).

Interest Coverage: MMT's interest payments on its debt are well covered by EBIT (69.8x coverage).


Balance Sheet


Next Steps

Dividend

What is Métropole Télévision current dividend yield, its reliability and sustainability?

6.12%

Forecast Dividend Yield


Dividend Yield vs Market

Notable Dividend: Unable to evaluate MMT's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate MMT's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if MMT's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if MMT's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: MMT is not paying a notable dividend for the French market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of MMT's dividend in 3 years as they are not forecast to pay a notable one for the French market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

5.8yrs

Average management tenure


CEO

Nicolás Bellet de Tavernost Abel (70 yo)

no data

Tenure

€2,169,070

Compensation

Mr. Nicolás Bellet de Tavernost Abel has been Chief Executive Officer and Chairman of the Executive Board at Métropole Télévision SA (alternate name Groupe M6) since May 2000 and its Member of the Executiv...


CEO Compensation Analysis

Compensation vs Market: Nicolás Bellet's total compensation ($USD2.63M) is above average for companies of similar size in the French market ($USD979.70K).

Compensation vs Earnings: Nicolás Bellet's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Nicolás Bellet de Tavernost Abel
Chairman of the Executive Board & CEOno data€2.17m0.31%
€ 5.1m
Thomas Valentin
Vice-Chairman of Executive Boardno data€1.16m0.18%
€ 3.1m
Jérôme Lefébure
Member of the Executive Board10.75yrs€842.09k0.094%
€ 1.6m
David Larramendy
Member of the Executive Board5.83yrs€875.89k0.048%
€ 799.3k
Sophie de Bourgues
Group Deputy General Counsel & Employee Representative Supervisory Board Member2.17yrs€27.50k0.012%
€ 193.3k
Grégory Le Fouler
Deputy Chief Financial Officerno datano datano data
Regis Ravanas
Member of the Executive Board0.42yrno datano data
Valéry Gerfaud
Chief Technology & Digital Innovation Officerno datano datano data
Mathias Bejanin
Chief Technical Officerno datano datano data
François Mathoulin
Chief Information Officerno datano datano data
Nathalie-Camille Martin
Head of Legal Affairsno datano datano data
Émilie Pietrini
Head of Group Communicationno datano datano data

5.8yrs

Average Tenure

56.5yo

Average Age

Experienced Management: MMT's management team is seasoned and experienced (5.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Sophie de Bourgues
Group Deputy General Counsel & Employee Representative Supervisory Board Member2.17yrs€27.50k0.012%
€ 193.3k
Eric d'Hotelans
Chairman & MD of Home Shopping Service SA & Mistergooddeal SA and Chairman of Ventadis Divno datano datano data
Philippe Bony
Deputy MD of Programmes & Chairman of Paris Premièreno datano datano data
Elmar Heggen
Chairman of the Supervisory Board2.67yrs€37.00k0.000080%
€ 1.3k
Nicolas Houzé
Independent Member of Supervisory Board2.67yrs€28.28k0.000080%
€ 1.3k
Philippe Delusinne
Member of Supervisory Board11.42yrs€15.50k0.000080%
€ 1.3k
Marie Cheval
Independent Deputy Chairwoman of Supervisory Board1.67yrs€29.22k0.00016%
€ 2.7k
Mouna Sepehri
Independent Member of Supervisory Board8.58yrs€21.50k0.000080%
€ 1.3k
Jennifer Mullin
Member of Supervisory Board1.92yrs€10.34k0.000080%
€ 1.3k
Björn Bauer
Member of Supervisory Board1yrno data0.000080%
€ 1.3k
Siska Ghesquiere
Member of Supervisory Board1yrno data0.000080%
€ 1.3k

2.2yrs

Average Tenure

49yo

Average Age

Experienced Board: MMT's board of directors are not considered experienced ( 2.2 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Métropole Télévision S.A.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Métropole Télévision S.A.
  • Ticker: MMT
  • Exchange: ENXTPA
  • Founded: 1986
  • Industry: Broadcasting
  • Sector: Media
  • Market Cap: €1.664b
  • Shares outstanding: 125.67m
  • Website: https://www.groupem6.fr

Number of Employees


Location

  • Métropole Télévision S.A.
  • 89, Avenue Charles-de-Gaulle
  • Neuilly-sur-Seine
  • Ile-de-France
  • 92575
  • France

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
MTVA.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDOct 1994
MMTDB (Deutsche Boerse AG)YesOrdinary SharesDEEUROct 1994
MMTENXTPA (Euronext Paris)YesOrdinary SharesFREUROct 1994
0MGLLSE (London Stock Exchange)YesOrdinary SharesGBEUROct 1994
MMTPBATS-CHIXE (BATS 'Chi-X Europe')YesOrdinary SharesGBEUROct 1994

Biography

Métropole Télévision S.A. provides a range of programs, products, and services on various media. It operates through Television, Radio, Production and Audiovisual Rights, and Diversification segments. The ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/12/04 19:50
End of Day Share Price2020/12/04 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.